Logo 04 Jul 2017

The PBoC passes its finals for the semester

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

China’s central bank is taking a brief victory lap.

In a commentary in its official media outlet, the Financial News, the central bank is arguing that it passed its June “final exams.”

What does that mean? The central bank says it employed “steady and neutral” monetary policy to gre...